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    Lewisville Flex Space For Sale Title is generated by Realmo AI

    2601 E State Highway 121 #112, Lewisville, TX 75056

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    For Sale
    $599,000

    High-end flex space in premium location, built in 2022.

    Type:Commercial
    Property size:
    2,118 SF
    Price / SF:
    $282/SF
    Added:
    Apr 22, 2026
    Days on Market:
    51
    Last Refresh:
    Apr 22 at 5:34 pm

    Property Features for 2601 E State Highway 121 #112

    General Information

    Standard status
    Active
    Size
    2,118 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2022

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    Listing Contact
    Harrison Sharp

    Listing agent Harrison Sharp

    Listing office BK Real Estate

    Listing date Apr 22, 2026

    Source Signaturere

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of BK Real Estate

    HighLights

    • Premium A+ location in Lewisville with easy highway access and excellent visibility.
    • Built in 2022, this newer unit features recent interior upgrades (over $80,000).
    • Move‑in ready, high‑end, mixed‑use flex space suitable for a variety of business types.
    • Features mezzanine space, two built‑out offices, and a full bathroom.
    • Affordable option in the 2,000 to 3,200 square footage range.
    • Currently on a three year lease.

    Overview

    This mixed-use flex space is located in Lewisville, in a premium location. Constructed in 2022, the property is suitable for e-commerce, retail, light manufacturing and assembly, technology and startups, logistics and distribution, service-based businesses, and medical storage. The unit provides highway access and visibility, situated off TX-121 and Sam Rayburn Tollway. The property features mezzanine space, two built-out offices, and a full bathroom. The owner invested over $80,000 in interior upgrades. The unit contains 2,118 square feet.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $69.9k $33.00
    − Vacancy −$17.6k −$8.32
    EGI $52.3k $24.68
    − OpEx −$13.1k −$6.17
    NOI $39.2k $18.51
    2,118 SF · lease $33.00/SF/yr · vacancy 25.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $560.2K
    $490.1K – $653.5K (±1% cap)
    NOI $39,211 @ 7.0% cap · market cap 6.55%
    Second Best
    Retail
    $486.3K
    $425.6K – $567.4K (±1% cap)
    NOI $34,044 @ 7.0% cap · market cap 5.68%
    Theoretical Best
    Office A
    $706.1K
    $617.9K – $823.8K (±1% cap)
    NOI $49,429 @ 7.0% cap · market cap 8.25%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    PDS Central Big Box & Wholesale Store SRK IT GROUP Consultant Prime Flex Spaces Architecture Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Sidecar Supper Club — 2488 Meadowglen Dr, Lewisville, TX 75067
    • Charcuterie Concepts — 2438 Sunderland Ln, Lewisville, TX 75067
    • Firehouse Subs Lewisville — 2325 S Stemmons Fwy Ste 308, Lewisville, TX 75067

    Location Insight

    • Map
    • Local Demand
    City
    Lewisville
    County
    Denton
    State
    Texas
    Longitude
    -96.994148
    Latitude
    33.01334

    FAQs

    What type of property is this?
    Flex space - High-end flex space in premium location, built in 2022.
    Where is this flex space located?
    The property is located at 2601 E State Highway 121 #112 Lewisville, TX.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: Premium A+ location in Lewisville with easy highway access and excellent visibility.; Built in 2022, this newer unit features recent interior upgrades (over $80,000).; Move‑in ready, high‑end, mixed‑use flex space suitable for a variety of business types.
    More about this property
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